Eagle Financial Services (OTCMKTS:EFSI) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Eagle Financial Services, Inc. (OTCMKTS:EFSI) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $34.58 and traded as high as $36.40. Eagle Financial Services shares last traded at $36.40, with a volume of 700 shares traded.

Eagle Financial Services Stock Performance

The stock has a 50-day simple moving average of $34.58 and a 200-day simple moving average of $33.43. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $129.22 million, a P/E ratio of 11.17 and a beta of 0.49.

Eagle Financial Services (OTCMKTS:EFSI) last announced its earnings results on Friday, October 25th. The financial services provider reported $0.97 EPS for the quarter. The business had revenue of $18.41 million for the quarter. Eagle Financial Services had a return on equity of 10.38% and a net margin of 10.90%.

Eagle Financial Services Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 8th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from Eagle Financial Services’s previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a dividend yield of 3.41%. Eagle Financial Services’s dividend payout ratio (DPR) is currently 38.04%.

About Eagle Financial Services

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke that provides various retail and commercial banking products and services in the Shenandoah Valley, Northern Virginia and Frederick, Maryland. It operates through three segments: Community Banking, Marine Lending, and Wealth Management.